Mayasheel Ventures wins Rs 20.83 crore order from NOIDA for drain construction
- Mayasheel Ventures received a Rs 20.83 crore EPC order from NOIDA for RCC drain construction in Sector-105, Noida.
- The new order has a completion timeline of nine months and was disclosed on October 1, 2026.
- Recent Q2FY27 order inflows total Rs 5637.62 crore across three significant contracts with NOIDA, A&T Infracon, and Greater Noida IDA.
- Standalone revenue growth stood at +35.0% in FY26, with promoters holding 67.78% stake as of Q1FY27.
*this image is generated using AI for illustrative purposes only.
Mayasheel Ventures has received a significant work order worth Rs 20.83 crore from the New Okhla Industrial Development Authority (NOIDA). The contract involves the engineering, procurement, and construction of an RCC drain in Sector-105, Noida.
Order Details and Scope
The newly disclosed order is classified as significant and was disclosed to the exchange on October 1, 2026. The scope of work includes the maintenance of a drain, specifically the construction of an RCC drain in place of an existing damaged brick drain along the Expressway from JP Flyover to Underpass in Sector-105, Noida. The project is structured as an EPC (Engineering, Procurement, and Construction) contract with a time period of nine months. The order value is exclusive of taxes. The awarding entity is a domestic authority. The transaction is not a related party transaction and does not involve promoter interest.
Recent Order History
This latest win follows two other significant orders disclosed by the company in September 2026. On September 24, 2026, Mayasheel secured an order worth Rs 17.94 crore from A&T Infracon Private Limited for the manufacture, supply, erection, and delivery of precast RCC box culverts in the Jammu sector. Prior to that, on September 22, 2026, the company received an order worth Rs 38.23 crore from the Greater Noida Industrial Development Authority for the construction of a main RCC drain in Sector Kappa-2, Greater Noida.
The following table summarizes the order history:
| Date | Awarding Entity | Order Value (Rs Cr) | Classification | Project Scope |
|---|---|---|---|---|
| Oct 1, 2026 | NOIDA (New Okhla Industrial Development Authority) | 20.83 | Significant | RCC Drain Construction, Sector-105 Noida |
| Sep 24, 2026 | A&T Infracon Private Limited | 17.94 | Significant | Precast RCC Box Culvert, Jammu Sector |
| Sep 22, 2026 | Greater Noida Industrial Development Authority | 38.23 | Significant | Main RCC Drain Construction, Greater Noida |
Financial Context and Valuation
The pre-computed quarterly summary indicates a total order inflow of Rs 5637.62 crore for Q2FY27 (Jul-Sep 2026) across three orders. As of October 1, 2026, the company had a market capitalization of ₹80.59 Cr, a P/E ratio of 7.1x, and a Price/Book ratio of 1.26x. The Return on Capital Employed (ROCE) for FY26 was recorded at 22.2%, while the Return on Equity (ROE) stood at 17.76%.
Growth Metrics
Standalone revenue growth for Mayasheel was +35.0% in FY26, following +16.8% in FY25 and +3.2% in FY24. Profit growth was +8.4% in FY26, compared to +60.4% in FY25. The shareholding pattern as of Q1FY27 shows promoters holding 67.78%, with FIIs at 3.92% and DIIs at 5.66%. The total number of shareholders is reported as 285.
Historical Stock Returns for Mayasheel Ventures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +5.94% | 0.0% | -30.31% | -36.98% | -39.98% |
17
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
